Will DePaoli: Letang’s camp countered with 8-years, $62.5 million with a full no-trade clause. ($7,812,500 salary cap hit)

10:02 PM:

Pierre LeBrun: LeBrun is hearing that Letang will be turning down the Penguins offer. Whether there will be more contract talks or if the Penguins put Letand on the trade market remains to be seen. Letang’s camp countered with a long-term deal at more than $7.5 million and less than $8 million. The Penguins said it was too high.

9:35 PM:

Rob Rossi of the Pittsburgh Tribune-Review: The Penguins have offered defenseman Kris Letang an 8-year, $54 million deal. The Penguins have a little wiggle room left and hope to get a response or counter offer by the weekend according to sources. The Pens don’t want to start the free agent period next week without having Letang’s future resolved. They may be willing to go slightly over $7 million. Source said that if they were to trade Letang, they would want a NHL player, a top prospect and a 1st round pick. They are intrigued by prospects with the Ducks and Canucks.

The Penguins signed Chris Kunitzto a 3-year, $11.55 million deal, a $3.85 million cap hit.

The Pens have sent Pascal Dupuis and Matt Cooke contract proposals.

Brooks Orpik has 1-year left on his deal and GM Ray Shero will try to re-sign him. He has a $3.75 million cap hit.